Amid worries that Europe may face serious energy shortages, the CEO of Lithuania’s electricity grid operator says there will be no power cuts in the country and energy rationing is not in the works. “Last year, especially at the end of the summer when electricity prices spiked, there was a much more serious emphasis on…
Latvian state enterprise Latvenergo reported that on December 30, 2022 a three-phase 110 kV transformer was delivered to Ukraine. It will be used to help restore the country’s energy infrastructure after Russian missile attacks. Responding to Ukraine’s request, Latvenergo made the decision to donate the three-phase 110 kV transformer to the country. This piece of…
Prime Minister Natalia Gavrilita, in the beginning of a Cabinet meeting on December 28, informed that the government building would be disconnected from power supply on December 29, as a token of solidarity with the people of Ukraine, which was suffering from Russia’s attacks against its critical infrastructure. “This is an act of support, through…
In November, the average electricity price, when compared with October, increased by 20%, according to Latvenergo Electricity Market review. Last week the average electricity price went down by 51% in the Baltic States. A tendency for electricity prices to decline has been observed over the last two months. This changed in November: the price in…
Ukraine will take into account all military risks while rebuilding its energy industry, Energy Minister German Galushchenko has said. “Undoubtedly, now the key point in any reconstruction of our energy system will be the question of military risks for the system. There are already developments. They are already being implemented. We will create an energy…
During New Year’s holidays, Russia may try to deal a significant blow to Ukraine’s power system. If no new damage is incurred to the grid, Ukrainians will be able to enjoy a few days without blackouts. This was announced by Minister of Energy of Ukraine German Galushchenko, who spoke on national television. “The Russians have…
Support for Ukraine’s energy sector from international partners has reached almost $1.5 billion. Prime Minister Denys Shmyhal said this in a post on Facebook, summing up the results of the past week. “Assistance to the energy sector from partners is gaining momentum. We have almost $1.5 billion in declared support. Additional equipment is arriving every…